Forum Energy Technologies, Inc.

Forum Energy Technologies, Inc.

FETยทNYSE

$53.64

+2.8%
EnergyOil & Gas Equipment & Services

Forum Energy Technologies, Inc. designs, manufactures, and distributes products serving the oil, natural gas, industrial, and renewable energy industries in the United States and internationally. It operates through three segments: Drilling & Downhole, Completions, and Production. The Drilling & Downhole segment designs, manufactures, and supplies products, and provides related services to the drilling, well construction, artificial lift, and subsea energy construction markets, including applications in oil and natural gas, renewable energy, defense, and communications. This segment offers drilling technologies consisting of capital equipment and a line of products consumed in the drilling process; well construction casing and cementing equipment, and protection products for artificial lift equipment and cables; and subsea remotely operated vehicles and trenchers, submarine rescue vehicles, specialty components and tools, and complementary subsea technical services. The Completions segment offers hydraulic fracturing pumps, cooling systems, high-pressure flexible hoses, and flow iron for pressure pumping, hydraulic fracturing and flowback services markets; wireline cable and pressure control equipment for well completion and intervention service markets; and coiled tubing strings and coiled line pipe. The Production segment designs, manufactures, and supplies products, and provides related equipment and services for production and infrastructure markets. This segment offers engineered process systems, production equipment, specialty separation equipment, and various industrial valves for oil and natural gas customers, power generation, renewable energy, and other general industrial applications. The company was formerly known as Forum Oilfield Technologies, Inc. and changed its name to Forum Energy Technologies, Inc. in August 2010. Forum Energy Technologies, Inc. was incorporated in 2005 and is headquartered in Houston, Texas.

At a Glance

Live Snapshot
Market Cap$606.36M
EPS-0.8100
P/E Ratio-66.22
Earnings Date08/06/2026
Forum Energy Technologies, Inc.

Forum Energy Technologies, Inc. Fair Value Envelope

FET ยท NYSE

Our analysis suggests that FET has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $53.64, this represents a potential HIDDEN relative to our calculated worth for Forum Energy Technologies, Inc..

Intrinsic Value
Current Price: $53.64

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$201.4M
+ Cash & Equivalents$34.7M
Firm Value$236.0M
- Debt$231.7M
Equity Value$4.4M
/ Shares Outstanding11,903,276B
DCF Value$0
OVERVALUED BY 99%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$53.9M
$41.3M
$31.7M
$24.2M
$18.6M
$14.2M
$10.9M
$8.4M
$6.4M
$4.9M
Maintenance CapEx
-$921.6K
-$706.0K
-$540.9K
-$414.4K
-$317.4K
-$243.2K
-$186.3K
-$142.7K
-$109.3K
-$83.8K
Owner Earnings
$53.0M
$40.6M
$31.1M
$23.8M
$18.3M
$14.0M
$10.7M
$8.2M
$6.3M
$4.8M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$49.1M
$34.8M
$24.7M
$17.5M
$12.4M
$8.8M
$6.3M
$4.4M
$3.1M
$2.2M
Terminal Value represents 18.8% of Enterprise Value